10月10日，华宏科技跌5.03%，截至发稿，报15.66元/股，成交10.80亿元，换手率11.92%，总市值98.28 亿元。 资料显示，江苏华宏科技股份有限公司位于江苏省江阴市周庄镇澄杨路1118号，成立日期2004年8月19 日，上市日期2011年12月20日，公司主营业务涉及再生资源加工设备业务和废弃资源综合利用业务,电 梯部件业务板块,稀土废料综合利用领域。主营业务收入构成为：稀土资源综合利用49.56%，磁性材料 销售23.77%，再生资源加工设备销售10.45%，电梯零部件销售9.83%，废料回收加工及贸易4.68%，其 他1.71%。 从基金十大重仓股角度 数据显示，前海开源基金旗下1只基金重仓华宏科技。前海开源盛鑫混合A（005541）二季度持有股数 82.13万股，占基金净值比例为4.19%，位居第八大重仓股。根据测算，今日浮亏损失约68.17万元。 前海开源盛鑫混合A（005541）成立日期2018年4月4日，最新规模6504.98万。今年以来收益69.37%， 同类排名401/8166；近一年收益65.63%，同类排名541/8014；成立以来收益228.72%。 史延累计任职时间6 ...

Core Viewpoint - In 2024, Huahong Technology experienced a significant decline in revenue and incurred a net loss, but showed signs of recovery in Q1 2025 with a return to profitability driven by improved market conditions and operational efficiency [1][2]. Group 1: Financial Performance - In 2024, Huahong Technology achieved operating revenue of 5.576 billion yuan, a year-on-year decrease of 18.96%, and a net profit attributable to shareholders of -356 million yuan [1]. - In Q1 2025, the company reported operating revenue of 1.436 billion yuan, a year-on-year increase of 18.76%, and a net profit of 31.13 million yuan, marking a return to profitability [1]. - The impairment of goodwill related to the acquisition of Jiangsu Weierman amounted to 334 million yuan, which significantly impacted the 2024 net profit [1]. Group 2: Business Segments - Huahong Technology's main business segments include recycling resource equipment and operations, high-end manufacturing of elevator components, comprehensive utilization of rare earth resources, and rare earth magnetic materials [1]. - The comprehensive utilization of rare earth resources and magnetic materials sales accounted for over 60% of the company's total revenue [1]. - In 2024, revenue from rare earth resource utilization was 2.486 billion yuan, representing 44.58% of total revenue, while magnetic materials sales generated 1.335 billion yuan, accounting for 23.93% of total revenue, with a year-on-year growth of 142.67% [2]. Group 3: Market Trends and Future Outlook - The company has increased investment in rare earth resource utilization and magnetic materials, benefiting from the growing demand in sectors such as new energy vehicles, industrial automation, and energy-saving appliances [2]. - Current production capacity for recycled rare earth oxides is 12,000 tons per year, and for magnetic materials, it is 15,000 tons per year [2]. - The company aims to enhance product competitiveness through technological innovation, cost reduction, and production efficiency improvements [2][3].